rbc direct investing complaints
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I need to see real growth in metrics like customer acquisition and trading volume before making a deeper commitment. From what I can tell, the news about EDXM will only be positive for Coinbase if it helps to expand the pie for the crypto industry as a whole. That's right -- they think these 10 stocks are even better buys. Independent nature of EDXM would also restrain the firm from the possibility of conflicts of interest. EDXM needed to prove its utility to stay relevant within the crypto space though. For now, I'm taking a wait-and-see backed crypto exchange with Coinbase. Meanwhile, the EDX exchange would work to accommodate both private and institutional investors.

Rbc direct investing complaints top bitcoin exchanges usa

Rbc direct investing complaints

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This is the common problem of the Big Bank. Interface is about 20 years old. Its like visiting a museum. Impossible to ever get a live agent, unless you have an hour or more to wait online. When you do get someone live, they are nasty people to talk to.

This site will cost you serious money - when you can't access it to complete trades, or trades that don't complete. RBC should stick to managing daily interest savings accounts for grandmothers They are completely incompetent beyond anything else.

Lost T forms for tax. Cannot reach anyone in a timely matter using a phone. The customer service people do not appear to know what they are doing. Sold at the lowest possible time also. Lucky it wasn't a big investment. Disgusting that this is a legal practice. I will now go and have a little cry.

Fair enough. He told me I could park the note at RBC or transfer to my existing broker. These so-called "full service" brokers exist for one purpose only-- to milk as much money out of you as possible. These losers deserve to go out of business! I certainly would not buy anything from them again, nor should anyone else! Must always be phoned in which recreates the same scenery every time a waste of a few hrs on the phone as they try to figure out how to place the order.

This is one of many time delaying bad service issues. Go anywhere but stay away from this outfit. No hidden inactivity fees, no balance limits, some of them don't even charge for buying ETFs. Why, not greedy enough? They also do not disclose this when you sign up. During the pandemic, it usually took the full two days, but I still found them to be quite timely. In this day and age with the flood of new investors hitting the market, the most important thing to understand about customer service is that the grass is likely not greener on the other side.

Many of these brokerages had zero customer service issues prior to the surge of investors in , and many of these brokerages will figure it out over the next while and will return to excellent service. For the most part, they were welcomed, and the platform is quite simple to use. It can be a little intimidating at first as it is a full-scale brokerage with many features. Once you spend some time with it, it becomes extremely intuitive to buy and sell stocks.

You can do so from multiple places quote page, my holdings, place an order which I find to be particularly useful. It has a research centre, charting tools, an IPO centre and a very useful Investing Academy for those looking to learn and educate themselves on investing in the markets. It is less geared to traders and beginners as it appears more set up to attract seasoned investors.

In terms of unique features — I think it is worth highlighting a few that can make all the difference for a platform that has higher than average commission fees. In simple terms, it allows you to exchange your CAD to USD and vice versa without paying extensive currency exchange fees.

With most brokerages, the process of Norbert's Gambit takes around days as particular currency ETF's have to "journal" over to their US counterparts. While the backend of the trade and your accounts may look wonky for a couple of days while the trades settle, all the journaling is done automatically.

No calling an investment rep or waiting days for cash to arrive in your account. It is bar none, the best brokerage in Canada to execute this currency strategy. Instant deposits If you bank with RBC, arguably the biggest benefit is to be able to contribute cash to your account instantly. There is nothing more frustrating than wanting to buy a stock on a particular dip in price or a solid earnings report, only to not have enough capital in your accounts and having to wait days for a deposit to come through.

This is a feature that many other brokers will charge for or investors will pay subscription fees to other sites to access. This is a huge feature that separates RBC Direct Investing from many other discount brokerages, and often justifies the high commission prices, depending on how much you're trading. Research tools RBC Direct Investing uses Morningstar research to allow members to view pick lists, stock reports and credit ratings.

This is a nice added bonus, and is one that many discount brokerages don't have. Additional research tools include their stock screeners, charting tools, a technical analysis platform and education center and more, including their community forum and FAQ, as we've highlighted in the image above. It has plenty of added options and extra tools, as well as being extremely convenient for RBC banking clients with automatic withdrawals and deposits.

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RBC Advice Centre \u0026 Direct Investing - Own the moment

Oct 24,  · This review will cover its features, fees, benefits, downsides, trading platforms, and alternatives. One great option from RBC Direct Investing is the RBC practice account – . RBC Direct Investing Review. OVERALL EXPERIENCE Rank: 6. SERVICE EXPECTATION. Hours to Respond: The Pillars of an Overall Experience RBC Direct Investing. BMO . dissatisfaction or complaint you may raise in connection with your account, including disclosing information about your investments and/or your account with RBC DI to an .